QUESTION 40 Which one is a factor that directly impacts differential pricing? O Analysis of "probability" Location O Property Management System O All of the above 1 points Save Answer QUESTION 38 Generally, when hotel restaurant managers face low demand, they O Decrease prices in their restaurant menus Create menu specials, priced based on the existing demand Increase prices in their restaurant menus O All of the above 1 points Save Answer QUESTION 37 Meeting planners are the typical referral in the hospitality industry for "Value Formula": D 00 B 1 points Save Answer QUESTION 35 Available rooms: 450, sold rooms: 356, ADR: $145, which is this hotel's Revpar? $183.28 195.22 O $114.71 O None of the above 1 points Save Answer QUESTION 36 "F&B Revenue" is a key component of the STAR Report True False QUESTION 34 As a gerneral rule, if the price of a product is higher than what buyers are ready to pay for it: The demand for the product will increase O The demand for the product will remain the same There will be shortage of the product There will be surplus of the product 1 points Save Answer QUESTION 33 The Revenue Management department managers demand and inventory True False 1 points Save Answer QUESTION 30 Available rooms: 250 Occupancy: 70% ADR: $155 Room expenses: 45% of room revenue Restaurant Revenue: $9,000 Restaurant expenses: 85% of restaurant revenue What os the overall profit for this hotel? $16,231.65 $12,206.65 $17,025.95 16,268.75 1 points Save